This is a beautiful ranch home located in the Falls Village 55+ community. 2 Bedrooms 2 bath with an office. Gourmet kitchen upgrade with soft close doors and drawers in the kitchen, trash pullout and spice pullout. HOA includes lawn care and cable. Close to Hwy 70 and Brier Creek Seller is purchasing a home and will need to close before giving up possession.
For sale
$475,000
1001 Masters Place Way, Durham, NC 27703
2beds
1,776sqft
Single Family Residence, Residential
Built in 2024
5,662 Square Feet Lot
$465,200 Zestimate®
$267/sqft
$275/mo HOA
What's special
Gourmet kitchen upgradeTrash pulloutSpice pullout
- 91 days
- 101
- 2
Zillow last checked:
Listing updated:
Listed by:
Sam Jordan 919-730-2645,
L&S Properties of N.C. LLC
Source: Doorify MLS,MLS#: 10171130
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Built-In Electric Oven, Built-In Gas Range, Built-In Range, Convection Oven, Dishwasher, Electric Oven, Gas Water Heater, Microwave, Plumbed For Ice Maker, Range Hood
- Laundry: Electric Dryer Hookup, Laundry Room, Main Level, Washer Hookup
Features
- Flooring: Carpet, Vinyl, Tile
- Has fireplace: No
Interior area
- Total structure area: 1,776
- Total interior livable area: 1,776 sqft
- Finished area above ground: 1,776
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Garage - Attached
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Exterior features: Rain Gutters
- Fencing: None
- Has view: Yes
Lot
- Size: 5,662 Square Feet
Details
- Parcel number: 391
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Ranch
- Property subtype: Single Family Residence, Residential
Materials
- Vinyl Siding
- Foundation: Slab
- Roof: Shingle
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Natural Gas Available, Phone Available, Phone Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Golf
- Senior community: Yes
- Subdivision: Falls Village
HOA
- Has HOA: Yes
- Amenities included: Cable TV, Clubhouse, Maintenance Grounds, Pool, Tennis Court(s)
- Services included: Cable TV, Maintenance Grounds
- HOA fee: $275 monthly
Location
- Region: Durham
Financial & listing details
- Price per square foot: $267/sqft
- Tax assessed value: $442,891
- Annual tax amount: $4,390
- Date on market: 6/2/2026
- Road surface type: Asphalt
Estimated market value
$465,200
$442,000 - $488,000
$2,406/mo
Price history
| Date | Event | Price |
|---|---|---|
| 6/2/2026 | Listed for sale | $475,000+2.2%$267/sqft |
Source: | ||
| 1/1/2026 | Listing removed | $465,000$262/sqft |
Source: | ||
| 10/7/2025 | Price change | $465,000-2.1%$262/sqft |
Source: | ||
| 9/10/2025 | Listed for sale | $475,000+17.6%$267/sqft |
Source: | ||
| 8/27/2024 | Sold | $404,000$227/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,390 +73.6% | $442,891 +144.3% |
| 2024 | $2,528 +54.4% | $181,266 +45% |
| 2023 | $1,637 | $125,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 27703
Nearby schools
Schools provided by the listing agent
- Elementary: Durham - Oak Grove Elementary
- Middle: Durham - Neal Middle
- High: Durham - Southern School of Energy and Sustainability
Source: Doorify MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






